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20121203
20121203
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English 79
Search Results 0 to 49 of about 79 (some duplicates have been removed)
ABC
Dec 3, 2012 3:00am PST
medicare cuts and no more limit on how much the government can borrow. and then there's the tax hike on higher-earning americans. republicans aren't buying it. >> there is just no reason why 98% of americans have to see their taxes go up because some members of congress on the republican side want to block the tax rate increases for 2% of the wealthiest americans. >> i'm just flabbergasted. i looked at him and said, you can't be serious. i just have never seen anything like it. >> if they cannot reach a deal by new year's day, nearly every american will end up paying more in taxes. >>> public school students in five states will soon spend a lot more time in the classroom. a new three-year pilot program will be announced today in colorado, connecticut, massachusetts, new york, and tennessee. 20,000 students at those select schools will spend an extra 300 hours per term in class starting next year. it will be up to local districts to decide if school days or school years should be extenzed. >>> very interesting approach there. >>> and a church in boston could soon be seeing a huge infl
MSNBC
Dec 3, 2012 11:00am PST
for previously and i hope they're not going to continue to ask for is essentially the dismantling of medicare. we debated it during the presidential with paul ryan's proposal to put -- turn medicare into a voucher system. so when it comes to looking for savings in medicare, there's ways to find savings without breaking the guarantee that we've had to our seniors for the last several decades. i think democrats, again, have demonstrated repeatedly that we're willing to compromise, but the republicans have to come to the table, especially around revenue. so the question frankly needs to be proposed to the person running the republican caucus, and that's grover norquist, who is not a member of this house, to say that the pledge that people should honor is the pledge to the u.s. constitution and not the pledge to grover norquist. >> speaker boehner was on fox news on sunday, and he says as he described negotiations, we're nowhere, period. we are nowhere. 29 days to go. we have some analysts such as our first read team that say the real negotiations won't begin until mid-november. already you have wall
MSNBC
Dec 2, 2012 11:00pm PST
over cutting medicare as republicans are over tax increases? with us, two voices calling for compromise. republican senator bob corker of tennessee and democratic senator claire mccaskill of missouri. >>> finally, our special economic roundtable. as both sides battle over the nation's fiscal health, what can we expect from the economy in a second obama term? what is the vision for an economic rebound? >>> from nbc news in washington, the world's longest-running television program, this is "meet the press" with david gregory. >>> and good sunday morning. amidst a lot of partisan rhetoric on both sides, talks on the fiscal cliff are now at a stand still, and the president is back on the campaign trail of sorts. this time to try to win in a court of public opinion for his plan to avert an automatic tax hike for everyone on january 1. that's where we'll start this morning with the point man on the negotiations for all of this. the secretary of treasury, tim geithner. and our roundtable is also here. standing by for reaction, including the man behind the republican pledge not to raise taxes
FOX News
Dec 3, 2012 1:00pm PST
taxes on the wealthy, medicare and everything else, you are at a were higher rate? >>guest: of course, this is higher. yes. and you are talking about much higher spending. remember, that government spending is taxation. these guys don't create resources. they redistribute the resources. what they have done here with this, they have had a huge increase in taxes which is why we have the very bad who we have today. it is, unfortunately, we are never going to bring the economy back unless we get control of the spending and get toward the low rate flat tax. can you not do it. >>neil: i don't think either side has offered enough on spending. i think it is baked into the cake it is the result of election and elections have consequences. but on the wealthy i think the rates go up but with the latest proposal, why see enough to adhere to what was the debt commission in cuts, is too little too late, but, too little, more to the point. >>guest: it is too little. what really has to happen here, you are not going to get a good answer in the next two years. you have the groups going at it and they
FOX News
Dec 3, 2012 3:00pm PST
at the expense of domestic programs. they have an unpopular move to raise medicare eligibility age from 65 to 67. slower growth and social security benefit using less generous measure of inflation. boehner decided to lay down the gauntlet and challenge the president's mandate in a letter to mr. obama. writing, "after a status quo election in which both you and the republican majority in the house were re-elected, the american people rightly expect both parties to come together on a fair middle ground. adding the president's approach is neither balanced nor realistic. >> this is unaccept to believe have repeat performance of what they watched in horror in the summer of 2011. >> white house officials note that even erskine bowles is pulling back from the claim by boehner he is on board. in a few moments the president will be hosting the congressional ball, black tie holiday party. first time they will see him face to face in days. maybe they'll work on a compromise. >> bret: ed henry on the north lawn. thanks. let's talk about the fiscal cliff negotiations with one of the key democrats involved. c
FOX News
Dec 3, 2012 6:00am PST
? they attack him. for the entire campaign all we heard about was how obama wanted to cut medicare. so which is it? i it he cut too much or he doesn't cut anything? and where is there offer? if they say they are the party of cutting spending stop talking about the democrats, make an offer. >> mitch mcconnell is out there every single day saying these are the entitlement changes that i think make sense and would get us to a deal. raising the retirement age, dealing with change the inflation formula so the programs aren't spending so much out over time. if president obama is interested in reforming entitlements which he says he is but he never specifies what it would be. all he has to do is call up mitch mcconnell and say i think these are good ideas, let's sit down and they would happen. republicans would take those immediately. >> that's how you think republicans should lead, they should wait for a call from the president? not go on tv but make an actual offer? >> specific changes on entitlements. if the president is in favor of changing entitlements, all he has to do is say i agree these ar
CBS
Dec 2, 2012 7:00pm PST
of medicare and medicaid payments. for more than a year, we have been looking into the admission and billing practices of health management associates. it's the fourth largest for- profit hospital chain in the country, with revenues of $5.8 billion last year, and nearly half of that coming from medicare and medicaid programs. we talked to more than 100 current and former employees, and we heard a similar story over and over-- that h.m.a. relentlessly pressured its doctors to admit more and more patients, regardless of medical need, in order to increase revenues. health management associates owns 70 hospitals in 15 states. it's thrived buying small, struggling hospitals in non- urban areas, turning them into profit centers by filling empty beds. generally speaking, the more patients a hospital admits, the more money it can make, a business strategy that h.m.a. has aggressively pursued. did you feel the hospital was putting pressure on doctors to admit people? >> nancy alford: yes. >> kroft: for what reason? >> alford: money. >> kroft: you're sure of that? >> alford: uh-huh. >> kroft: until sh
MSNBC
Dec 3, 2012 10:00am PST
probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. but i still have a runny nose. [ male announcer ] dayquil doesn't treat that. huh? [ male announcer ] alka-seltzer plus rushes relief to all your worst cold symptoms, plus it relieves your runny nose. [ sighs ] thank you! [ male announcer ] you're welcome. that's the cold truth! >>> flabbergasted. you can't be serious. i've never seen
MSNBC
Dec 3, 2012 3:00pm PST
and those who vitally depend on things like social security and medicare and medicaid. they should consider who won and who needs to be considered here. why? because the nobodies is the big shots like they call them also have a stake in how this deal gets cut. and that's "hardball" for now. thanks for being with us. "politicsnation" with al sharpton starts right now. >>> change, chris, and a thanks to you for tuning in. tonight's lead, holiday spirit gop style. later tonight, gop leaders are expected at the white house for a christmas party. it should be a festive event. maybe they will share some egg nog with the president. maybe sing some christmas carols. maybe some good cheer will be in the air, or maybe not. it might be a bit tough after the republican's new debt offer. for weeks they have called the white house plan a nonstarter. the gop republican in the senate reportedly laughed out loud, the leader of the gop and the senate laughed out loud when he heard about the president's plan and today speaker boehner said the white house plan was a, quote, a la-la land offer. well, earlier to
MSNBC
Dec 3, 2012 7:00am PST
are popular. you want more medicare cuts show me what you want and i think this is a perfectly normal negotiation and i was thinking on the way here, chris, you and i have an advantage in this. you and i covered albany, new york on the state legislature there, where you had a divided legislature, unbelievably contorted by budget fights and in the end they usually made a deal. it was complicated, sometimes it was ugly but they got to a deal. >> but they often got to it very late as you'll recall and state workers didn't get paychecks. >> this did happen. but they got there. and i ambiting more on a deal than not. i think there are some compromise points, for example, raise the top rate almost to where obama wants it and fill it in a little bit with some reduction in deductions. that's not impossible to imagine. but i think the notion that the republicans don't have to put anything on the table, i think those days are over and it's time for them to say all right here's what we want. >> can't come as any surprise to the republicans no matter what they want to say about it the president w
MSNBC
Dec 3, 2012 1:00pm PST
, you get mishmash from them. you get $100 billion in medicare savings by increasing the retirement age from 65 to 67. you get some unspecified savings from reducing social security. the only specifics if you add them up are about $300 billion or $400 billion in specific cuts, the rest are inspecific. this is the party whose fundamental premise is to cut government spending. you ask them to identify how they want to do it, and they start speaking in gibberish. it shows you this is a phony, phony movement on the part of conservatives to cut government spending. >> absolutely. ari, the president took a question on twitter this afternoon. quote, what is your opposition to taking away deductions for the 2% rather than upping the rate? seems like a reasonable compromise. his answer, not enough revenue unless you end charitable deductions. he's right, isn't he? the math doesn't add up. it didn't add up with mitt romney. it doesn't add up today. >> it doesn't add up, and those targeted revenue measures serve certain goals that we actually care about more than helping billionaires. those goals
FOX News
Dec 3, 2012 10:00am PST
announcer ] if you're eligible for medicare, now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare doesn't pay. and could save you in out-of-pocket medical costs. call today to request a free decision guide to help you better understand medicare and which aarp medicare supplement plan works best for you. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. there's a range of plans to choose from, too. and they all travel with you. anywhere in the country. join the millions who have already enrolled in the only medicare supplement plans endorsed by aarp, an organization serving the needs of people 50 and o
CNN
Dec 3, 2012 11:00am PST
in cuts both in the form of cuts to entitlements, and other, like, medicare. and then some limiting of farm subsidies. and then $50 billion in additional stimulus spending, and some other measures. those are some of the -- just the big highlights, brooke. and i would add that secretary gheit meeithner made clear over weekend that the tax increases they would like to see would be a return to the clinton era rates for the top 2%. and some of this, you know, is what he laid out with the president laid out after the debt deal last year. so it is a proposal that is familiar from the white house, not something fresh and new. so the white house says, you know, the republicans shouldn't be shocked. republicans are saying we're shocked because it's not a compromise. they were expecting something different and more -- more -- more of an outreach and they say it didn't do enough to win them over. >> as you point out, the ball is in their court. we'll see how and when they respond. jessica yellin, thank you. keep us posted on the president's tweeting today as well. and i don't know if you caugh
FOX News
Dec 3, 2012 8:00am PST
made this happen. they are not saving social security and medicare and medicaid from imminent bankruptcy. jenna: james is live in washington with more. reporter: yes, what is clear is increasingly, the two sides -- the obama, white house, senate democrats on one side, senate republicans on the other, there is a ticking clock involved here. they should be hitting their stride right about now. timothy geithner is trying to avoid plunging of the fiscal cliff. he has made clear that the obama administration is saying that the first order of business has to be to extend tax breaks for middle-class families and raise tax rates for the top 2% of income earners. talks over how to rein in entitlement spending should be held sometime next year. >> the president is asking for $1.6 trillion of new revenue over 10 years. twice as much as he has been asking for the public. his stimulus spending exceeded the amount of new cuts that he was willing to consider. it was not a serious offer. reporter: enter a new player in the talks, stephanie cutter. you remember her? she was the deputy campaign
KICU
Dec 3, 2012 1:00pm PST
for my family, in sickness and in health. carol and i needed help figuring out what's covered by medicare and what's not. so we turned to the same folks we've relied on for health insurance all these years. announcer: ron and carol called anthem blue cross and found an affordable medicare plan that pays for some costs original medicare won't. now they can keep making memories for years to come. choose from plans offering protection from high out of pocket costs plus include prescription drug coverage with your monthly premium. get the freedom to keep the doctors you already trust. if you're eligible for medicare we'll help you find a plan that fits your needs. call or go online now to get answers. you only have until december 7th to enroll. >> back when we were kids and we would put playing cards in the spokes of your wheels to make that cool noise. this is ten notches fácooler. let me introduce you. >> this is the monty python of the holy grail. >> it's awesome. looks like one on thenb front te to make it sound like you are riding afá horse through the ci. this is an actual product. it
KOFY
Dec 3, 2012 11:30am PST
's covered by medicare and what's not. so we turned to the same folks we've relied on for health insurance all these years. announcer: ron and carol called anthem blue cross and found an affordable medicare plan that pays for some costs original medicare won't. now they can keep making memories for years to come. choose from plans offering protection from high out of pocket costs plus include prescription drug coverage with your monthly premium. get the freedom to keep the doctors you already trust. if you're eligible for medicare we'll help you find a plan that fits your needs. call or go online now to get answers. you only have until december 7th to enroll. >>> nasa says analysis of soil samples geared by curiosity indicate there may be organic compounds on the planet this morning nasa said curiosity's discovery of chemical diversity in the soil what the agency called a solid baseline for continued exploration. the two and a half build curiosity landed on mars in august the mission is to determine whether mars has ever been able to support microbial life. ancient stream bed where water m
FOX
Dec 3, 2012 12:00pm PST
. ♪ [ male announcer ] introducing a brand new medicare prescription drug plan. it's called the aarp medicarerx saver plus plan from unitedhealthcare. and it's for people who want the lowest part d premium in the united states... only $15 a month. and copays could be as low as a dollar. so call unitedhealthcare now to enroll or learn more. with this plan, you can save 40% or more on your copays by using a preferred network pharmacy, like walgreens. for example, a network copay of $4 becomes a preferred network copay of $1 when you fill your prescription at any of the 8,000 convenient walgreens locations. so call and enroll today. remember, the premium is just $15 a month. don't wait. open enrollment ends december 7th. aarp medicarerx saver plus. call now or visit your local walgreens for more information. >>> stocks fading on wall street. today's reading on manufacturing showed some contraction. the dow is currently down 49. nasdaq down, 7. s&p down 6. >>> there has been a new development in noontime in the fiscal cliff negotiations. the gop is proposing to increase the eligibility age for me
CNN
Dec 3, 2012 8:00am PST
? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they pick up some of what medicare doesn't pay. and could save you in out-of-pocket medical costs every year. call today to request a free decision guide. with this type of plan, you'll be able to visit any doctor or hospital that accepts medicare patients... plus, there are no networks, and you'll never need a referral to see a specialist. if you're thinking about your options, call today. when you call, request your free decision guide. and find the aarp medicare supplement plan that may be right for you. with odor free aspercreme. powerful medicine relieves pain fast, with no odor. so all you notice is relief. aspercreme. >>> all right. this is the kind of breaking news we love to bring to you. everybody knows you never ask a woman unless she's pregnant and look at when's below the screen there. it's official. kate middleton
FOX News
Dec 3, 2012 12:00pm PST
a political calculation this offer doesn't remotely deal with entitlement reform that saves medicare, medicaid and social security from bankruptcy. it raises $1.6 trillion on job creators that will destroy the economy and there are no spending criminals. >>reporter: the president now is demanding twice as much new tax revenue as he talked about in the campaign. >>shepard: thank you from the north lawn. kid would play contact sports could be damaging their brain before they get to college. there is a brand new study that shows how much damage a few hits to the head can do to a person and what it means for that person's long term health. that is next. and the story of the explosives, millions of pounds of explosives in a small town in louisiana, which is the real life home to the fictional town from "true blood." hmm, it says here that cheerios helps lower cholesterol as part of a heart healthy diet. that's true. ...but you still have to go to the gym. ♪ the one and only, cheerios and i'm here to tell homeowners that are 62 and older about a great way to live a better retirement. it's called a
FOX News
Dec 2, 2012 5:00pm PST
and the social security, medicare and medicaid. we have to did something with social security and medicare headed towards insolvency, we have to get americans back to work. continuing to extend the payroll tax fund which is nothing more than the defunding of social security and since we started that bad policy of the payroll tax cut, we've seen social security run a deficit and then with medicare, when you see about the american people paying about on average, 110 to 115 billion, i mean, million per year, beginning something, 300 million, i'm sorry, $300,000 of benefits over the course of their life, we have to do something about this fee for service program and get to a defined benefit and so we have to reform and protect and preserve the mandatory spending programs. >> one of the things i think you're best at, one of the communicators of the republican party, what do you tell people who feel they have been promised something, and paid into it and are worried about what either the ramps or democrats night do in congress that would put their security in jeopardy? >> well, first and foremost, we'r
MSNBC
Dec 3, 2012 8:00am PST
't hurt the fragile economic recovery in the short term and let's deal with protecting medicare and deficit reduction for the long term. >> there's a piece in the "new york times" talking about the president's new negotiate i want aing style. it said mr. obama scattered by failed negotiations in his first term and emboldened by his re-election has shown to be a dlimp different negotiate or. the white house reminded people what the president basically campaigned on saying that everybody knew going in what they were getting re-lecting th this stifle president. does he walk with confidence of re-election under his belt and is this the way it's going to go, nor mr. nice guy approach? >> i think the president believes very strongly that we can't repeat the mistakes of the past. that going back to tax cuts for the wealthiest americans, hoping that trickles down the rest of us have failed us for well over a decade. what we need to do instead is be serious about protecting the middle class and the republicans agree with that. don't hold those tax breaks for millionaires hostage. let's
MSNBC
Dec 3, 2012 6:00am PST
inkraesing the medicare eligibility age, higher premiums for the wealthy and slowing cost of living increases. some seem open to means testing on medicare. >> more aggressive planes testing, higher co-pays for those who can afford it. donald trump may need medication but he certainly doesn't need the government to pay for it. debt ceiling talks in the summer of 2011 geithner again ruled that out. >> not as part of a process to reduce the deficit the others face. >> republicans don't like owning reform either. this was tom cole on sunday. >> only obama can fix entitlements. democrat versus democrat fight over entitlement which mirrors their fighting over taxes. a response to an argument that was starting before former adviser steve ratner and minnesota democratic congressman keith ellison with near glee. there is no real choice about that. we're clear social security is off the table. this is, to me, the much more interesting debate between tom and dan. >> you want republicans arguing. both sides are also battling for control of the debt ceiling which may represent the republicans' greatest po
MSNBC
Dec 3, 2012 12:00pm PST
billion in health savings, do we have any clarity on what that would be? bahama ca obama care, medicare, medicaid? >> from the briefing it pertains to medicare and medicaid. the one specific thing we got is part of the health savings in the $600 billion mark would come from raising the medicare entry age from 65 to 67. something that the house republicans have talked about before. that is very much a big part of that 600 billion in health savings. >> thanks, luke russert, on the hill for breaking it down. let's go back to michael crowley. steve wants to get wonky with you. >> i haven't looked closely at this. what jumps out is the difference between obama saying he wants 1.6 trillion revenue and republicans say 800 billion in revenue. as luke said, not giving in on the issue of raising tax rates. they hold out this promise of tax reforms with loopholes and deductions. i don't know exactly how they arrive at that. it strikes me when you think back to 2010 when obama went along with extending the bush tax cuts for two more years. he was adamant back then, this is it and i'm doing it for t
ABC
Dec 2, 2012 5:30pm PST
. to medicare and other programs. not enough, says the speaker. >> if we gave the president 1.6 trillion of more money, what do you think he is going to do with it? he is going to spend it. that is what washington does. >> they have to come to us and tell us what they need. what we can't do is to keep guessing. >> so the ball is in their court? >> absolutely. and they understand that. >> reporter: the good news, it appears the mortgage reduction is not part of the talks. so if they don't make a deal and if we do go over the fiscal cliff what does it mean for you. nearly everybody american will pay more taxes, between 2,000 and $2,400 per family. we enjoyed a 2% cut in payroll taxes. that will disappear. and the government will start cutting, $500 billion in spending, half at the pentagon and the other half from federal spending for education, transportation and food safety and research. all of that could send all of us back into recession. where do the talks stand? boehner says they are nowhere. and the speaker has a description for the president's negotiation style. he says it's roll over and d
FOX News
Dec 3, 2012 3:00am PST
medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they help cover some of the expenses medicare doesn't pay. and save you up to thousands in out-of-pocket costs. to find out more, request your free decision guide. call or go online today. after all, when you're going the distance, it's nice to have the experience and commitment to go along with you. keep dreaming. keep doing. go long. ♪ you can stay in and like something... ♪ [ car alarm deactivates ] ♪ ...or you can get out there with your family and actual like something. ♪ the lexus december to remember sales event is on, offering some of our best values of the year. this is the pursuit of perfection. >> hillary clinton and merrl strep best friends. they posed for the dinner for the kennedy center. strep is a fan of the secretary of state. isn't that cute. they do photos. >> gretchen: those kennedy center honors are wonderful. especially the people who introduce them and hopor them . hilary clinton. >> brian: he should cast meryl strep as hillary
FOX News
Dec 2, 2012 7:00pm PST
achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ >> abc news investigation. is it what we think it is? >> there is all of a sudden startling news investigations. cell phones will give you cancer. so will teflon pans. the scare mongering is constant. earlier this year the scare was pink slime. >> with 70 percent of the supermarket ground beef containing pink slime how are you to know what's in your beef? >> how do i know what's in my beef? is there something in there called pink slime? it sounds awful. as abc news explained to the public people are upset about that. >> parents schools state officials the government demanding someone do something about pink slime. >> they are insisting because abc news scared them to death
CNBC
Dec 3, 2012 3:00pm EST
that mean for medicare? break it down in terms of where these savings come from. >> i wish i could. what we don't have here is a lot of detail hanging off this christmas tree at this point. we're looking at a couple of bullet points being released now in terms of the scale of the deal. it gives us overall broad numbers. presumably negotiators would have to go in and fill in details of how they're get that kind of savings. there have been a lot of proposals on health of finding billions of dollars of savings by reducing overhead and other things like that. you've seen the unions come out and say they don't want to see any changes at all that would hurt payoffs to beneficiaries in terms of health care. that would be one of the sticking points between republicans and democrats. we would have to see more detail from boehner's office and how they plan to get to the number of $600 billion. >> broadly speaking, these numbers are similar to where they left it on the table last year during those failed negotiations for the grand bargain. these numbers are similar to the simpson/bowles reduction plan
FOX Business
Dec 2, 2012 8:00pm EST
to be the one who raises taxes, but you're going to be the ones to cut medicare. if u want cuts in entitlements, but the mob. i'm not going to do bothfor you. lou: here is a thought. that is, the obama white house has made a rare mistake, miscalculation. they have incentivized republicans to say, you know, the heck with it. if you're not going to come to the table, we are not going to advance it. you have chosen and we have reached an agreement as to parties for sequestration. we will go along with e tax cuts. that's your decision. sequestration was part -- we are partners on that deal. let her rip. they're going to get twice as much in the way of spending cuts as an increase in taxes that way it's the best deal, and it's also oriented toward the republicans favored. >> the damage it will do to the economy. i don think the president has a bigger role as he thinks he is. the house will be held by republicans for the foreseeable future, not just two years. midterm elections, six years, sterile for the president. the end of theday he wants a legacy. it's going to be the highest unemployment in his
FOX News
Dec 3, 2012 12:00am PST
and medicare and medicaid. we have to do something for medicare . get americans back to work . continuing to extend the pay roll tax cut which is a defending of social security . every since we started that bad policy. we have seen them run the deficit . medicare. when you see the american people paying on average. 115 million a year and getting something 300 mill or 300,000, benefits in their life. we have to do something about the fee for service program and get it a defined benefit and we have to reform and preserve mandatory spending programs. >> one of the things you are best at as a communicator of the republican party. what do you tell people who are worried about republicans or democrats might do in congress that would put their security in jeopardy? >> first and foremost, we are not talking about making change for current seniors or those 10 years from going in. but we have to do something for someone like myself who is 51 or those programs will not be there. we are talking 10-12 years of solvencey between social security and medicare. we have to be adults and leaders and say we
FOX Business
Dec 3, 2012 9:20am EST
and other health professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ stuart: it seems like there is less interest in going to the stores. online sales topped $20 billion. that is up 15% compared to last year. twenty-nine days until we fall off the fiscal cliff. timothy geithner says the ball is in the republican report to compromise. >> i cannot promise that. that is a decision that lies in the hands of the republicans. if they recognize the reality that we cannot afford to extend those tax rates, we have a basis of an agreement. stuart: how was that for an introduction. before we launch into your talking points, and i know you well, i want to mention this. the founder of cosco, as you know, he app
FOX News
Dec 2, 2012 11:00pm PST
and medicare programs. that's $600 billion. in fact, the healthcare savings in that plan are larger than the plans we've seen republicans in the past. >> is that what was in the budget? >> these proposals, we proposed these things last fall and in the president's budget. they are very detailed. >> but that was a budget that was voted down 99-0 in the senate. >> this is a lot of politics happen in this town. but this is a very carefully designed set of reforms and if republicans would like to go beyond these reforms or do it differently, they should tell us how they want to do it. >> what if they were to propose the republican budget that they passed, that they passed the last two years? >> there's no risks they are going to do that, chris. >> wouldn't be as serious as you proposing your budget. >> but the american people took a long time to take a careful, long look at that plan, and they found no merit in it so the republicans aren't going to propose that again. >> just like the senate voted 99-0 against your budget. >> the senate has already proposed and enacted a middle class tax exte
MSNBC
Dec 3, 2012 9:00am PST
's raising the medicare entry age, something to do in terms of about thor reimbursement payments, something in that realm he can physically take and say i got this in exchange for that, that would make it easier sell for his conference. he's going to lose the hardliners no matter what, especially the folks who lost. they're more than happy to go all-in on opposing it. >> would a batch of white house christmas cookies do the trick? >> probably not. a nice bottle of merlot would do the trick for the speaker. >> luke russert thank you my friend, as always. catch one of the key voices behind the fiscal cliff negotiations here on "now" tomorrow when americans for tax reform president grover norquist joins us tomorrow at noon eastern. and after the break, entitlement reform hot potato. that's next on "now." music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care may co
FOX
Dec 2, 2012 4:00pm PST
relief, deferral, of automatic cuts for doctors and medicare. here are the spending cuts. unspecified savings from nonentitlement programs, next year. let me finish -- and, the promise of $400 billion in savings, from entitlement programs to be worked out next year with no guarantees. speaker boehner says, even if you get all of this, it is a net increase in spending, not a net cut. >> not true and let me explain why. those investments in infrastructure, extension of unemployment benefits are important and good things, and we propose how to pay for them and, in contrast to what you said, we propose $600 billion in reforms to mandatory programs, over ten years and are prepared to do a substantial portion of those up front in ways that are measurable to replace the much more damaging sequestering and when republicans say to us we want to see spending savings locked in up front we say we agree with you. you have to give us a sense of what we should do up front and the second stage and we are waiting to hear from them and if they need more time to figure out what they want to do, that is
CNN
Dec 3, 2012 4:00am PST
billion in cuts to medicare and other entitlements. $50 billion for a new stimulus and congress would have to give up control over raising the debt limit. republicans have indicated that they want to raise revenue by lowering tax deductions, haven't given any specifics yet. brings us right to white house correspondent brianna keilar. good morning, brianna. >> good morning to you, soledad. yes, things are at an impasse here. i will tell you the white house after not being very happy with the pace of negotiations the week before last sent treasury secretary tim geithner up to the hill to outline this proposal. there's a lot we already knew about that president obama had already taken a public position on. the white house is now saying to republicans as well, we want you to put the meat on the bones when it comes to the entitlement reform portion of this deficit reduction plan. that's politically very tricky, as you know, because a lot of times dealing with entitlements will be construed as cuts to medicare and that's often not very popular. as you can imagine that deal that you just outlined
CNBC
Dec 3, 2012 4:00pm EST
rates from that. they do have some specifics on entitlements which include raising medicare age of eligibility from 65 to 67, something talked about in the grand bargain talks over a year ago. they talk about moving to a different inflation adjustment for social security and other government programs. they also talk about reform of medicare to include private sector competition with a traditional fee for service medicare plan. all of those are things that are within the zone of discussion that both -- between the two of the parties. now, president obama went on twitter this afternoon, took questions from the public to try to build pressure on republicans. he got one question from an average person saying, well, will my mortgage interest deduction be threatened by these fiscal cliff talks? and the president used that as a lever to say, that's why rates have to go up, because if they don't, they're going to sister to squeeze middle class deductions. that's the president trying to put pressure on. but i think now that we have offers on paper from both sides, there at least is a pro
FOX Business
Dec 2, 2012 10:00pm EST
medicare, they simply are not serious about the long-term fiscal health of this country. gerri: it absolutely is about those entitlement programs. as you look at this huge conundrum, it seems that we are saying that we are starting at the wrong end of the stick. we are talking about how much money we can come up from wealthy people. inead of talking about what the government is doing that shouldn't be doing. >> that is right. mark is a smart guy and i agree with him. the spending issue, we simply cannot rein in while we are focusing on taxes. you shall howl nonserious the president is. he sent timothy geithner on a fools errand. he said he wants a balanced approach. but the balance is that republicans come up with everything, and he is allowed kharkov on the debt limit. it is hard to understand what the balances of the equation, besides allowing him to retain his approach, which is continuing to spend and rack up massive deficits and continuing higher taxes without any plan that bears that out. remember that his budget hikes taxes and still spends $47 trillion over the next 10
CSPAN
Dec 3, 2012 5:00pm EST
there is a big challenge. there are problems with medicare and social security. they are facing big deficit situations. host: what motivates the creation of deductions? what about the other incentives? mortgage deduction it to encourage people to buy a home. guest: some of the deductions have been around forever, since the invention of the income tax. there has always been a deduction for interest that you paid. the government didn't think it could distinguish between mortgage interest and other kinds of interest. less interest is deductible now. some of the things are left over from the early days of the tax code. there is no magic about allowing people to deduct mortgage interest and not the interest they pay on their credit cards. some of these things are hard to explain. host: does it incentivize home buying? guest: it does provide some if incentive for buying a home and is a large tax break and gives them an enormous benefits. it mostly provides an incentive for buying a bigger house. it seems to incentivize mcmansions. there is a fair question of whether that is something we should be
Current
Dec 3, 2012 6:00am PST
biggest drivers are medicare, medicaid and social security of our debt. [ buzzer ] >> computer says no. >> stephanie: does david gregory correct the statement or challenge credibility? no! once more, this ridiculous fib goes unchallenged. the truth is our national debt began to skyrocket under george bush with medicare part d fiasco. year under year under george w. bush, deficit came in at $500 billion. it is finally year of 2007-2008 president obama inherited the mess of trillion dollar annual deficits but none of this has been caused by medicare or medicaid. >> obviously entitlements. those lazy 47 percenters. >> stephanie: maria and david gregory should know better. >> yeah, they do. they're both major news anchors of major news networks. >> they're paying them lots of money to say lies. >> stephanie: the real culprits are the lack of revenue caused by the tax cuts. oh, he sent a helpful pie chart as well. >> we love pie charts. >> we love pie. >> stephanie: i love pie charts and graphs. the military s
FOX Business
Dec 3, 2012 11:00am EST
for medicare, which is the really greatest driver of the debt right now. of course, social security is also an issue we have to look at. we have 85 trillion worth of unfunded labilities now, and that's not talked about. the $16 trillion in debt is what we hear. there's $85 trillion in unfunded liabilities there, and we already put a plan on the table in our path to prosperity, a plan that did give seniors more choice and access the, a support program, and that would have helped to start to bring that cost curve and bend it. tracy: what's it take to get it done? i think everyone wants to, like, sit down to the holiday meal knowing this is something they will not have to worry about the next day. >> well, i think that takes seriousness to come to the tail, be adults, and talk about the tough issues, and spending is the problem. when we hear the administration continue to talk about putting tax on the small business owners, 1 million will be affected by the tax. 700,000 jobs will be lost. the economy will shrink again rather than grow, and that's not where we need to be. tracy: come to the mid
FOX Business
Dec 3, 2012 3:00pm EST
kind of impact will government spending on things like medicare, social security, i mean, do you think it has gotten out of control? >> it is scheduled to go up by several percentage of gdp over the next couple decades. that had to be turned around. i think that everyone recognizes that is were spending control has to be focused on if we are to avoid much higher tax rates or an explosive national that. i think it is clear that the republicans are saying we will only go along with higher tax revenue, not higher tax rate, but revenue, if the administration will come forward with some plans to slow the growth of spending. lori: all of this going on against the backdrop where we have had low inflation. the fed has promised these low record rates all the way through 2013. what happens if we do get a situation where the fiscal cliff does involve higher taxes? you have higher taxes, a slowing economy and baby inflation. what do you think, will it start to kick in click select this is a recipe for disaster >> the accumulation of excess reserves in the commercial banks that right now are just p
FOX Business
Dec 3, 2012 5:00pm EST
helped us achie the highest average star rating among national medicare compaes... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able to provide... which means better health outcomes... and more quality time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ ♪ . melissa: a little madonna. the u.s. is the world's fracking king but rival nations are scrambling to steal its crown. a slew of countries have huge shale deposits however dethroning the u.s. is proving far harder than expected. stephen schork, editor of the schork report and joins to us explain. stephen, thanks for coming back to the show. >> it is great to be here, thank you. melissa: we make it looo very easy but when i look at the various countries we're talking about and the challenges they're running into it is harder than you think. for example, china is believed to have more shale and oil and gas deposits than us but they don't have enough water to ma
FOX Business
Dec 3, 2012 6:00pm EST
professionals who helped us achieve the highest average star rating among national medicare companies... and become the first and only national medicare advantage company to achieve a 5-star rating for a medicare plan... your efforts result in the quality of care and service we're able tprovide... which means better health outcomes... and more quaty time to share with the ones who matter most. i love you, grandma! [ male announcer ] humana. ♪ can i still ship a gift in time r christmas? yeah, sure you can. great. where's your gift? uh... whew. [ male announcer ] break fromhe holiday stress. ship fedex express by december 22nd for christmas delivery. gerri: next, one of them says the fed's broken promises of laughter and applause. ♪ gerri: been more than a month since hurricane sandy ravaged the east coast. new york governor andrew cuomo seeking federal aid for the victims of superstar and sandy, new york and new jersey requesting $79 billion from the federal government in order to rebuild. but there are still many folks picking up the pieces, trying to rebuild there lives and busi
FOX Business
Dec 3, 2012 4:00pm EST
. those programs include medicare, medicaid and social security. and $300 billion in cuts to other government spending. in the letter to the president, republicans write: this is by no means an adequate long-term solution as resolving the long-term fiscal crisis will require fundamental entitlement reforms. >> reporter: before receiving that offer, the white house said it was looking for more specifics than republicans have just put on the table. >> making vague promises about achieving revenue through capping deductions or closing loopholes simply doesn't add up to a serious proposal. we haven't heard which deductions they would cap or which loopholes they would close. >> reporter: erskine bowles, the co-chair of the president's debt commission and the former chief of staff of president bill clinton, floated a similar plan last year. in embracing it, republicans are claiming bipartisan ship, and it's now up to the white house to respond. back to you. >> getting very interesting. thank you very much, rich edson. david: thanks, rich. well, washington doesn't seem to be get withing c
CNN
Dec 3, 2012 1:00pm PST
details. we understand much of that comes from medicare, things that we've heard from republicans over and over like raising the eligibility age, means testing, things like that. so then we have about $600 billion in essentially spending cuts, half from mandatory spending, half from discretionary spending. this is the other very interesting thing that's new. $200 billion from revising the consumer price index. that sounds very technical. but it has very real world consequences because it very much could affect the money, the checks that social security recipients in particular get every single month because it effectively changes inflation so it changes the formula from what they would get. >> significant differences between the white house proposal on this part of the equation as well as on the tax equation. the politics behind this latest republican counterproposal, are they just going through the motions of having their opening bargaining positions knowing that both sides are going to have to make concessions. >> reporter: the answer to that is yes. everybody knows that everybody is
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